Joyn Insurance Services
Latest round
- Series A
Last raised
- Dec 2022
Total raised
- $18M
Investors
- 5
About Joyn Insurance Services
Founded in 2020 and headquartered in Albany, US, Joyn Insurance Services Inc. acts as a Managing General Agency focused on commercial insurance solutions.007 mn.Joyn Insurance Services Inc. primarily operates as a Managing General Agency (MGA) specializing in commercial insurance for small and medium-sized enterprises (SMEs). Their core product offerings include General Liability and Property insurance, designed to address specific risks across various industry verticals, including Real Estate, Manufacturing, Services, Wholesale, Retail, and Artisan Contractors. The company utilizes a data-driven approach to tailor its underwriting solutions, ensuring that they meet the unique needs of each client. Joyn Insurance's services emphasize transparency and responsiveness, which helps brokers and end users manage their expectations effectively.Joyn Insurance generates revenue primarily through the sale of insurance products to brokers and businesses in the small and middle markets. The transaction structure involves partnerships with brokers who facilitate the sale of Joyn's General Liability and Property insurance products to end customers. These brokers act as intermediaries, managing client relationships and assisting with submissions, while Joyn’s technology-driven platform ensures efficient processing and timely responses. The pricing structure for their insurance products is designed to be competitive within the industry, reflecting the tailored nature of the coverage offered.In December 2022, Joyn Insurance Services Inc. Specific new products are being designed, although detailed release dates are not specified. The company is targeting new markets to broaden its reach, particularly in states where demand for commercial insurance solutions is increasing.
Who invested in Joyn Insurance Services
5 investors across 1 round
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Funding rounds
Series A
Dec 29, 2022
Amount
$18M
Investors
Questions about Joyn Insurance Services
Who invested in Joyn Insurance Services?
Joyn Insurance Services has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Joyn Insurance Services raised?
Joyn Insurance Services has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Joyn Insurance Services last raise money?
Joyn Insurance Services's most recent round on record is a Series A, in Dec 2022.
What does Joyn Insurance Services do?
Founded in 2020 and headquartered in Albany, US, Joyn Insurance Services Inc.
Where is Joyn Insurance Services headquartered?
Joyn Insurance Services is headquartered in Albany, US.
Which VCs invest in companies like Joyn Insurance Services?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Joyn Insurance Services's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
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